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The Global Leveraged Finance Underwriting Team (“LFU”) within Institutional Credit Management (“ICM”) is seeking a Portfolio Manager/Team lead to join its Analytics team. The Portfolio Manager is responsible for leading and coordinating a team of Analysts and Associates, providing quality assurance, timely delivery, and analytical rigor while being the primary contact for coaching and supervising the junior team. LFU Portfolio Managers will oversee the credit monitoring support for Citi’s Core Portfolio. They will also support underwriters in Citi’s credit approval and origination process for Core transactions, assisting clients in raising funds in the capital markets. The Portfolio Manager is a senior level professional that leads and drives a best-in-class Underwriting organization with a goal of materially enhancing Citi’s end-to-end Core credit management process through early problem recognition and timely response to credit challenges across the portfolio. This will be achieved through a strong partnership with Underwriters, Banking, Capital Markets and Risk.
Job Responsibility:
Accountability for ensuring best in class credit risk analysis of the Core Portfolio
Regular monitoring of the portfolio through writing Annual and Quarterly reviews
Portfolio management and early problem recognition
Participation in new originations, primarily for existing relationships
Coaching and training analysts and associates to develop their credit underwriting skills
Ensuring strict adherence to Citi’s Policies/Standards/Procedures
Supervise analysts and associates to perform periodic written reviews of the clients' financial and operating performance, covenant compliance, management/relationship strategy, and competitive position within its peer group
Review and analyze models used for valuation and to forecast the client's operating and financial performance and be able to articulate assumptions and analysis to LFU Underwriters and Risk
Ensure ongoing and timely feedback and coaching of junior team to sustain a strong credit culture and an unwavering commitment to excellence in analysis and execution
Evaluate and gain strong understanding of clients' business, financial performances, and key credit drivers across various industries with the ability to raise issues and concerns as needed
Remain current on all relevant market trends and issues
Requirements:
13+ years of credit or related corporate credit risk experience
MBA or CA or CFA
Advanced knowledge of Microsoft Word, Excel, and PowerPoint
Thorough understanding of the credit and/or portfolio management process
Strong awareness and adherence to the control environment including Quality Assurance and Quality Control
Nice to have:
Team player with strong work ethic who also works well with others
Strong writing, analytical, communication, and presentation skills
Experience in leading a team and in coaching and mentoring junior bankers
Ability to break down large amounts of data into concise, easy to understand credit recommendations